I've two variables in data set. One is continuous variable and another is qualitative with two options or values. Can i use Point-biserial correlation coefficient two determine the relationship between two variables ? And for calculating Point-biserial correlation coefficient should i use 1 and 0 as the values of two options of qualitative variable. Please suggest your opinion. And what will be the acceptance level of Point-biserial correlation coefficient in research paper to determine relationship between two variables ?

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